Today, SBA has announced awards through two grant programs—totaling $16 million—to the small businesses and organizations that will fuel the next generation of American innovation.
More than $8 million has been awarded in FAST Grants to help small businesses and startups onramp into America’s Seed Fund, which provides specialized mentoring, training, and technical assistance for development and research funding.
Additionally, SBA has awarded $8.9 million in SCALE Grants across 18 organizations that will help small manufacturers across America address constraints – from supply chain limitations to workforce development.